Gesamtzahl der Seitenaufrufe

Sonntag, 24. Juni 2012

falls es stress gibt mit dem USD-Bond XS0372384064...

da ich ja gerade in London bin (pari passu event bei Freshfields)....mein Hotel ist 10 min von den Royal Courts of Justice entfernt....dort würde die Sache wohl verhacktstückt werden....


folgen gleich ein paar Auszüge aus dem prospectus:

der Zustellvorgang:







Nothing contained in this Condition shall limit any right to take Proceedings

against the Republic in any other court of competent jurisdiction, and the taking of

Proceedings in one or more jurisdictions shall not preclude the taking of Proceedings

in any other jurisdiction, whether concurrently or not. The Republic appoints the

Economic and Commercial Counsellor for the time being of the Greek Embassy, 1a

Holland Park, London W11 3TP, Fax +44 20 7727 9934 as its agent for service of

process in England, and undertakes that, in the event of such agent ceasing so to act or

no longer having an address in England, it will appoint another person as its agent for

service of process in England in respect of any Proceedings. Nothing herein shall

affect the right to serve Proceedings in any other manner permitted by law.


der Immunitätsverzicht:



(E) The Republic hereby irrevocably and unconditionally waives with respect to

the Agency Agreement, the Bonds and any right to claim immunity from jurisdiction

or execution and any similar defence and irrevocably and unconditionally consents to

the giving of any relief or the issue of any process, including, without limitation, the

making, enforcement or execution against any property whatsoever (irrespective of its

use or intended use) of any order or judgment validly made or given in connection

with any Proceedings. Notwithstanding the foregoing, the property of the Republic is

subject to execution and attachment to the extent permitted by the international

conventions and Greek law.


Gerichtstand und zu Grunde liegendes Recht


15. GOVERNING LAW AND SUBMISSION TO JURISDICTION

(A) The Agency Agreement and the Bonds are governed by, and shall be

construed in accordance with, English law.

(B) The Republic irrevocably agrees, for the exclusive benefit of the Paying and

Transfer Agents, the Bondholders, that the courts of England are to have jurisdiction

to settle any disputes which may arise out of or in connection with the Agency

Agreement, the Bonds and that accordingly any suit, action or proceedings arising out

of or in connection with the Agency Agreement, the Bonds (together referred to as

Proceedings”) may be brought in such courts.


Verjährungsfristen


9. PRESCRIPTION

Claims for payment of principal in respect of the Bonds shall be prescribed upon

the expiry of ten years, and claims for payment of interest in respect of the Bonds

shall be prescribed upon the expiry of five years, in each case from the Relevant

Date (as defined in Condition 7) thereof, subject to the provisions of Condition 6.


GracePeriod bei Zinsen



If any of the following events (each an “
Event of Default”) occurs:

(a) the Republic defaults in any payment of interest in respect of any of the Bonds

and such default is not cured by payment thereof within 30 days from the due

date for such payment; or


Status (paripassu) und negative Pledge



3. STATUS OF THE BONDS AND NEGATIVE PLEDGE

The Bonds constitute, senior, unsubordinated and, subject to this Condition,

unsecured obligations of the Republic.

The Bonds rank
pari passu with all other

unsecured and unsubordinated obligations of the Republic outstanding on

25 June 2008 or issued thereafter without any preference granted by the Republic

to one above the other by reason of priority of date of issue, currency of payment,

or otherwise. The due and punctual payment of the Bonds and the performance of

the obligations of the Republic with respect thereto is backed by the full faith and

credit of the Republic.





2 Kommentare:

  1. Klage in England ?
    Bei den Preisen der engl. Anwälte wird das richtig teuer!

    AntwortenLöschen
  2. auf die zinsen und gegebenenfalls tilgung zu verzichten ist auch nicht gerade billig.....

    AntwortenLöschen